Chris Arnold

Chris Arnold appears in the following:

A City Looks To STEM School To Lift Economy, But Will Grads Stay?

Thursday, September 22, 2016

What can a city in decline do to make a comeback? In Springfield, Ohio, a new school is trying to turn the tide. But local leaders say keeping young people from moving away is key to economic revival.

Comment

Wells Fargo Fires 5,000 Employees Over Fake Accounts

Friday, September 09, 2016

Wells Fargo Bank is to pay $185 million in penalties after thousands of workers were found to have earned bonuses by illegally creating accounts for customers without their knowledge.

Comment

Wells Fargo Ordered To Pay $185 Million Fine Over Unauthorized Accounts

Thursday, September 08, 2016

Wells Fargo will pay $185 million in penalties following accusations the bank opened deposit accounts and credit cards for customers without their permission. The Consumer Financial Protection Bureau says bank employees opened more than 2 million accounts that may not have been authorized. The motive, according to regulator, was to hit sales targets and compensation incentives.

Comment

Economists Point Out Abnormalities As Housing Market Appears To Heal

Tuesday, August 30, 2016

It's been almost a decade since the worse housing crash since the Great Depression. And while the housing market has healed in some ways, in others it's far from normal. Single family home construction is rebounding from the trough, but still far below historical norms and the homeownership rate just keeps falling.

Comment

'Mystery Shoppers' Help U.S. Regulators Fight Racial Discrimination At Banks

Friday, August 26, 2016

The Consumer Financial Protection Bureau is sending undercover operatives to ferret out racial discrimination. They're called "testers" or "mystery shoppers" and pose as customers applying for loans.

Comment

There's A Home Renovation Boom, But Good Luck Finding A Contractor

Thursday, August 11, 2016

With rising home prices and low interest rates, Americans are spending a record amount of money fixing up their kitchens, bathrooms and man-caves. But a lack of skilled workers is limiting the boom.

Comment

University Employees Sue Yale, MIT And NYU Over Retirement Plan Fees

Wednesday, August 10, 2016

Three of the nation's most prestigious universities face class-action lawsuits alleging the schools allowed financial firms to prey on employees by charging high fees in retirement accounts.

Comment

Wal-Mart Acquires Jet.Com For $3.3 Billion To Challenge Amazon

Monday, August 08, 2016

Wal-Mart is buying the discount e-commerce startup, Jet.com. With the $3.3 billion acquisition, Wal-Mart hopes to become more formidable in online shopping and mount a challenge to Amazon, the top online retailer.

Comment

Two Women Play For Sonoma Stompers Baseball Team

Friday, July 01, 2016

Stacy Piagno and Kelsie Whitmore swing their bats against the barriers to women in professional baseball. They won't be the first such players but do join a very exclusive group.

Comment

'Future Shock' Author Alvin Toffler Dies at 87

Thursday, June 30, 2016

Toffler's warnings about 'information overload' and the accelerating pace of change in modern society made his seminal 1970 book a best-seller in the U.S. and around the world.

Comment

Soccer Shocker: Lionel Messi Says He's Retiring From Argentina's National Team

Monday, June 27, 2016

But fans hope Messi will rethink his declaration of "I think it's over" once the wave of postgame frustration at Argentina's 4-2 loss to Chile in Sunday's Copa America final has passed.

Comment

Brexit Vote Sends Shock Waves Through Global Financial Markets

Friday, June 24, 2016

Britain's vote to exit the European Union is sending shock waves throughout the global economy. In the U.S., there are fears a slowdown in Britain and the entire European continent will harm growth at home as trade and exports stall.

Comment

Disgraced Former House Speaker Dennis Hastert Reports To Prison

Wednesday, June 22, 2016

Hastert will now be federal inmate number 47991-424 at the Rochester Federal Medical Center in Minnesota. He was sentenced to 15 months in a case involving hush-money paid to cover up sexual abuse.

Comment

California's Last Nuclear Power Plant To Be Shut Down

Tuesday, June 21, 2016

Diablo Canyon's reactors are close to earthquake fault lines. Public concerns are split between the dangers of quake damage and of carbon dioxide gas released by the burning of fossil fuels.

Comment

The Return Of The King: LeBron Brings NBA Trophy Home To Cleveland

Monday, June 20, 2016

James and the Cavs hoist the NBA trophy to 20,000 screaming fans at the airport as the city celebrates its first major sports championship in 52 years.

Comment

The Big Costco Credit Card Switcheroo

Monday, June 20, 2016

As of Monday, Costco has officially moved on from its 16-year relationship with American Express and is now partnered with Visa.

Comment

Justice Department Drops Fraud Case Against Countrywide's Mozilo

Friday, June 17, 2016

The former CEO of Countrywide Financial was investigated for alleged misconduct in the run-up to the financial crisis and mortgage debacle.

Comment

A Million-Mom Army And A Billionaire Take On The NRA

Friday, June 17, 2016

What happens when a billionaire businessman and politician teams up with a moms-against-gun-violence group with millions of supporters?

Comment

Dalai Lama Meets With President Obama; China Objects

Wednesday, June 15, 2016

The spiritual leader, visiting the White House, offered condolences for the shootings in Orlando. China, as usual, condemned the meeting, saying it encourages Tibetan separatists.

Comment

Economic Asteroids! No Interest Rate Hike Expected From Fed Yet

Wednesday, June 15, 2016

As Fed Chair Janet Yellen tries to chart a course forward for the economy, there are some warning lights blinking on her radar. Wages are rising but there are worries that job growth may have stalled.

Comment